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Unregistered 7th July 2015 10:53 AM

Minimum Balance in South Indian Bank
 
I want to open a saving account in South Indian Bank. How much minimum Balance required in saving account of South Indian Bank ?

Kiran Chandar 7th July 2015 12:47 PM

Re: Minimum Balance in South Indian Bank
 
No minimum balance stipulations are required for South Indian Basic Savings Bank Account.

Restriction of withdrawals to 4 in a month (including ATM withdrawals).

One cheque book of 10 leaves on request free.

If exceeded, Rs.20/- service tax per transaction will be charged.

Documents required to open a saving account:

Proof of Identity
i) Driving Licence Passport
(ii) PAN card
(iii) Voter's Identity Card
(iv) Passport
(v) Identity card (subject to the bank's satisfaction)
(vi) ID cards issued by Post Office
(vii) Aadhaar card
Proof of Address
i) Electricity bill
(ii) Bank account statement/ credit card statement
(iii) Telephone bill
(iv)Ration card
(v) Letter from any recognized public authority/ Letter from reputed employer (subject to satisfaction of the bank)

Unregistered 24th December 2015 04:44 PM

Re: Minimum Balance in South Indian Bank
 
Hello Buddy , Will you please tell me Information What is Minimum Balance Required to Open Account in South Indian Bank

Raman Vij 24th December 2015 04:44 PM

Re: Minimum Balance in South Indian Bank
 
Friend Here I want to tell you that Minimum Balance for Opening the Account in South Indian Bank is Zero .

Here Other Details :

Non-Operation/Activation Charges Ofin- Operative Accounts : Zero

Eligibility :

Individuals in their own Name or in Joint Names of Family mEmbers

Provide ATM-cum-Debit Card Free of Cost Without AMC

Service Charges:

Standing Instruction charges-Rs 100/- plus Service Tax
ECS Mandate verification- Rs 100/- plus Service Tax

Mobile Service (SMS)

Annual Fee (Domestic) - Rs.150/- plus Service Tax after6 months recovered half yearly
Annual Fee (Non-resident) - Rs.300/- plus Service Tax after6 months recovered half yearly
Change in Mobile Number -Rs. 100/-
Balance enquiry - Free

ATM Card

Annual Fee - Rs.100 plus service charges after 1year
Replacement charges - Rs.100/- plus Service Tax
Repin charges - Rs.100/- plus Service Tax


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